đ Crypto in Green Today â But Watch Out for Volatility!
The cryptocurrency market has shown signs of recovery over the past few days, with a 1.6% weekly increase in market cap. All top 10 cryptocurrencies are in the green today, and $FTM with $AAVE are the best performers today, each up over 10%.
The cautious optimism is reflected in the Fear and Greed Index, which has improved to 26 after dramatic lows earlier this week.
đ Key Factors to Watch Upcoming Days
đčFed Decision on September 18: Analysts expect a rate cut of 0.25%, but some speculate a larger 0.50% reduction.
đčEconomic Concerns: Poor employment data has raised recession fears.
đčPolitical Shifts: Ongoing presidential campaigns could influence crypto market sentiment.
Despite positive signals today, volatility remains, and upcoming external events could drastically shift the market. Investors are advised to stay informed and cautious.
